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Data Table Trexx Industries produces its product using a single production process. For the month of October, Trexx Industries determined its cost per equivalent unit
Data Table Trexx Industries produces its product using a single production process. For the month of October, Trexx Industries determined its cost per equivalent unit to be as follows: (Click the icon to view the costs per equivalent unit.) Direct Materials Conversion Costs $ 3.75 Cost per equivalent unit $ 5.60 During the month, Trexx completed and transferred out 570.000 units to finished goods inventory. At month-end, 80.000 partially complete units remained in ending work in process inventory. These partially completed units were equal to 76,000 equivalent units of direct materials and 50.000 equivalent units of conversion costs. Print Done Requirement 1a. Determine the total costs that should be assigned to the units completed and transferred out. (Enter the number of units completed and transferred out in the first answer box. Enter the amounts for direct materials and conversion costs to the nearest cent and total to the nearest dollar.) Trexx Industries Assignment of Costs Direct Materials Total Assign costs: a. Completed and transferred out 570000 x Conversion Costs 3.75 5.6 + 5329500 Requirement 1b. Determine the costs that should be assigned to the units in ending work in process inventory For each category of costs, enter the number of units in ending work in process inventory in the first answer box, then enter the applicable cost amount, and finally calculate the total cost. Trexx Industries Enter any number in the edit fields and then continue to the next
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